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Monday, November 27, 2006

COMPETITIVENESS SUPPORT FUND (CSF) PAKISTAN

FoodWorks has started work as Agro-processing and Food Sector Advisor to the CSF in Islamabad, Pakistan. The Fund is established under the auspices of the federal Ministry Of Finance and USAID at over $20 million of start-up capital. The money is to be spent via three windows on Technical Assistance, Matching Grants and Business Incubation for SMEs. Chairman of CSF is Minister of State for Finance, Mr. Omar Ayub Khan and the Fund's Director is Mr.Arthur Bayhan. CSF prime objective is to increase the competitiveness of Pakistan against World Economic Forum benchmarks. Geoff Quaretrmaine Bastin is travelling extensively throughout Pakistan to develop a policy-specific report on the food industry that will be implemented at Federal/Presidential level. The study will be completed in early february 2007. For more information on the CSF check out the website at http://www.competitiveness.org.pk

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